AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike...

AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50%

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Source: Coindesk.com

Genius Group committed 90% of its current and future reserves to be held in bitcoin. The AI company said it plans to acquire an initial $120 million of BTC. The decision follows a board-level restructuring to include several people with crypto backgrounds.

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The post "AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50%" appeared first here Coindesk.com.

Source: Coindesk.com

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